About Scholarship and Grants
The Foundation's decisions on grant awards each year are driven by a variety of variables and constraints. First, the Foundation is bound by the terms of each respective gift, whether by lifetime donation or by bequest. Undesignated gifts allow monies from them to be used in various ways as the needs of FUMC's ministries change. Other gifts are designated and are used as the donor provides. Much of FUMC's most vital outreach is funded by such designated gifts — the church's Christian education program, the church's music program, student scholarships, and community and overseas ministries.
Second, disbursement decisions take into account specific funding requests received from committees, departments and staff members within the church, and from community and theological organizations outside the church. Not all of these requests can be granted but the disbursements committee reviews each carefully. Third, economic factors, the performance of the Foundation's stock as well as bond and real estate assets, and the amount of income received annually serve as positive or limiting factors on the amount of grants made in any given year.